This is the ideal investment for a group of mates. No need to get involved in the day-to-day. Just be proud to show it off to your friends. And share in the spoils.
Features of the business:
Established for six years
Prominently located
World famous in the area
Serving pub grub, but better
Best Parma in Melbourne as voted by HeraldSun Broadsheet and Triple M
10 of 12 beers brewed in-house
Under full management
Snapshot of the business:
FY2023 revenue exceeded $800,000
FY2024 revenue up 22% on the previous year
FY2023 adjusted Net Profit of $133,000
Earnings type: PEBITDA
Tangible assets of $150,000
Monthly rent of $3,885
Long lease until 2033
Overview:
This pub and micro-brewery is a staple in the fabric of the local community. It serves up some of Melbourne's finest food and drink. Pub food, but better. The venue features a sprawling bar dominated by sleek copper tanks accommodating the exclusive beers. There's also an informal lounge and an intimate dining area.
Open seven days a week, part or all of the venue can be hired for private functions. The business also features a mobile beer float, available for off-site hire.
The experienced, loyal staff provide attentive service, part of the reason the venue has more than 500 outstanding reviews on google.
There's lots happening in the area to benefit the business. The new Footscray Hospital opens this year. It'll bring 30,000 patients and 5,000 staff and be just 10 minutes' walk away. And two large apartment developments will attract an extra 5,000 residents to the suburball potential customers!
Like the sound of it? Scoop it up and manage it yourself. Or get together a few mates and create the perfect passive investmentwith benefits.
Finding out more is easy. Simply click on the Submit Confidentiality Deed or Enquire icon. Complete your contact details, sign and submit. The exclusive broker will be in touch. She'll be happy to help you acquire this popular pub and micro-brewery.
FOR SALE: $275,000.00 + SAV
Contact the exclusive broker:
Penny Lee
Benchmark Business Sales & Valuations
M: 0488 601 421
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5834 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
